Consumer goods major Hindustan UnileverBSE -0.54 % may sell its commoditised businesses such as atta, rice and salt brands as it looks to realign its food portfolio. The multinational, in its recent internal review, has decided to sell its ‘non-core’ food brands and focus on its core strength instead — Kissan, Knorr and icecream brands, said three people with direct knowledge of the company’s plans. The firm has appointed investment bankers to scout for buyers, and rivals an .. Read more at: http://economictimes.indiatimes.com/articleshow/50938490.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesHindustan Unilever looking for buyers for its atta, rice, salt business.
Industry: FMCG 2016-02-11